peer-to-peer lending
Meet Tanda, your friendly neighborhood savings, lending network
Tanda offers a peer-to-peer savings and lending network to small businesses as a way to retain employees, reduce turnover and minimize burnout.
A decade of fintech failures: 4 innovations that didn’t live up to the hype
Lost in all of the celebrations of success and the billions in venture capital funding are the ideas that did not succeed.
Viola Credit closes $700M fund to provide asset-based lending to fintech startups
Fintech startup and alternative credit asset manager Viola Credit has closed its latest $700 million fund, which provides asset-based lending capital to fintech, proptech and insurtech startups. If this fintech play…
Hoping to be LatAm’s top digital bank for SMBs, Xepelin launches a lending and revenue management service
There’s another entrant in the startup race to provide financial services to Latin America’s small and medium-sized businesses. Financial services have been a huge opportunity for startups coming out of…
Fintech regulations in Latin America could fuel growth or freeze out startups
Regulatory consistency, legislation that tunes in with sector capabilities and forward-thinking agile startups will give continued growth and innovation the biggest chance of success.
China’s massive fintech industry took a beating in recent months as the government continued to wind down online lending nationwide, rattling investor confidence. Funding for fintech startups shrank 87.6 percent…
Korean lending startup PeopleFund raises $11M led by chat app Kakao’s payment unit
South Korean peer-to-peer lending startup PeopleFund is in the money itself after it raised an $11 million Series B funding round that was led by Kakao Pay, the fintech division of…
Featured Article
Understanding Renaud Laplanche’s next Upgraded act
Renaud Laplanche spent ten years building LendingClub. In the process, he created an industry from scratch. Circumventing conventional banking channels for consumer credit began in 1996 when Chris Larsen started E-LOAN, which ultimately led to Prosper Marketplace. But LendingClub, which Laplanche founded in 2007, was and remains the poster child for the business of marketplace…
Lending startup Portal Finance nabs $200 million for small business loans in Latin America
Latin American small businesses just got a big boost with a new commitment for a $200 million lending joint venture between the Bogota-based startup Portal Finance and Latin America’s largest…
Funding Circle, a P2P SME lending platform, steps towards an IPO
UK founded startup Funding Circle, a p2p lending platform which focuses on the underserved small business market, has announced a “potential intention” to float on the London Stock Exchange. In…
Featured Article
The dramatic rise and fall of online P2P lending in China
Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. When Emily Zhang was interning with a peer-to-peer (P2P) lending firm in the Summer of 2016, her main task was to carry out research on other P2P lending firms. She found the rates of return tempting and some underlying…
Funding Societies, a Southeast Asian lending platform, gets $25M Series B led by Softbank Ventures Korea
Funding Societies, a peer-to-peer lending platform in Southeast Asia, said today that it has raised a $25 million Series B led by Softbank Ventures Korea, the Japanese tech conglomerate’s early-stage…
Lending platform Credy is looking to change the way people gain access to personal loans in India. The company, which is currently a part of Y Combinator’s Winter 2017 batch,…
Just a few weeks after N26 started offering credit in Germany, fintech startup Revolut is also launching a brand new credit feature for U.K. users.
Opportunities In The Risk Business Abound As Insurance Is Ready For Disruption
Whether medical, automotive, life, residential, or commercial, the value proposition of smoothing out potential cash flow outlays often makes sense. Pretty cool. But on any chart highlighting relative customer satisfaction…
The Lending Club IPO was a watershed moment for marketplace lending. One of the largest U.S. public Internet offerings ever, its success makes crystal clear that peer-to-peer lending is not…
Here comes some more funding for a European financial tech company specialising in online loans. Germany’s Smava — a peer-to-peer lending platform where investors provide the funds to loan money to borrowers — has…
SoFi Closes On $80 Million To Expand Its Lending Business
Confirming our earlier reporting, the peer-to-peer lender Social Finance said it closed on $80 million in fresh funding, as it looks to expand its lending operations to mortgages and personal…
Daric, A New Peer To Peer Lending Platform, Will Go Live Next Week
Daric, a new peer to peer lending platform, will launch next week as a place for individuals and small businesses to obtain loans, and a place for lenders to see up to 9-10%…
P2P Lending & Education: CommonBond Launches With $3.5M, Joining SoFi In Quest To Solve The Student Debt Crisis
Piggy-backing on the recent launch (and massive funding) of SoFi, a new startup is launching today that wants to breathe some fresh air into the broken, complex and mollasses-slow student…
